Impact of Covid-19 Outbreak on Automotive Wiper System Market Share

01/giu/2020 06:30:01 Automotive Market Research Reports Contatta l'autore

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The global automotive wiper system market is predicted to grow at a 5.6% CAGR over the forecast period (2018-2023), states the new Market Research Future (MRFR) report. A wiper system is a tool or device in a vehicle used to remove debris, ice, snow, and rain from a windshield or windscreen. An automotive wiper is powered either by a pneumatic power or an electric motor.

Wiper systems are a vital part of a car that comprises of two wiper arms and wiper drive. They are made from fabrics, metal, plastics, and molded substrates. Latest technologies are being introduced in the market for reducing noise and improving the effectiveness of the wiper system such as removing of dust and cleaning of water.

Various factors are propelling the automotive wiper system market growth. These factors, as specified by the Market Research Future (MRFR) report, include growing production and sales of cars across the globe, increasing disposable income in India as well as China, increasing adoption of rear wipers in SUVs, rise in GDP, improved standard of living, and growing demand for driver and vehicle safety. Additional factors boosting market growth include rising automotive R&D spending, technological advancements, demand for smarter auto components, use of sensors in wiper system, the ever-present threat of car accidents, growing population, demand for electric cars, and an improving economy.

On the contrary, complex design of systems, lack of skilled drivers, and lack of standard protocols for developing automotive wiper systems are factors that may impede the automotive wiper system market growth over the forecast period.

Market Segmentation

The Market Research Future report provides a wide segmental analysis of the automotive wiper system market based on propulsion, vehicle type, application, motor type, and arm type.

Based on arm type, the automotive wiper system market is segmented into pantograph arm and synchronized radial arm.

Based on motor type, the automotive wiper system market is segmented into brushless, brush, and stepper.

Based on vehicle type, the automotive wiper system market is segmented into commercial vehicle and passenger car. Of these, the passenger car will have the largest share in the market over the forecast period.

Based on propulsion, the automotive wiper system market is segmented into electric vehicle and ICE. Of these, the electric vehicle segment will dominate the market over the forecast period.

Based on sales channel, the automotive wiper system market is segmented into aftermarket and OEM.


Regional Analysis

Based on the region, the automotive wiper system market report covers growth opportunities and the latest trends across the Asia Pacific (APAC), Europe, North America, and the Rest of the World (RoW). Of these, the APAC region will lead the market over the forecast period. This is due to the increasing production of automobiles in Japan, Korea, India, and China. Besides, increasing purchasing power of consumers, growing population, infrastructure development across this region, and growing industrialization are accelerating market growth.

The automotive wiper system market in Europe is predicted to have significant growth over the forecast period. This is due to the growing number of light vehicles and stringent regulations all across the European Union.

Key Players

Leading players profiled in the automotive wiper system market report include Mitsuba Corp. (Japan), B. Hepworth and Company Limited (UK), Am Automotive (US), Pilot Automotive (US), DENSO Corporation (Japan), Magneti Marelli (Italy), WAI Global (US), DOGA Automotive (Spain), Robert Bosch GmbH (Germany), and Valeo S.A. (France) among others. The key players have adopted different strategies to make a foothold in the market, such as acquisitions, mergers, partnerships, research and development, and more.

April 2019: Valeo, a leading auto component manufacturer has opened a new wiper motor manufacturing facility at Vallam, Chennai. This plant will manufacture rear wiper motors that will cater to the needs of the aftermarket and OEMs segments. Currently, this facility makes left-hand motor for specifically sufficing the needs of the OEM as well as possess the capability of producing medium and short version wiper motors.

Note: The COVID-19 pandemic disruption is estimated to transform the XX market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the XX market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.


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